If the null hypothesis is rejected in hypothesis testing,
A. no conclusions can be drawn from the test.
B. the alternative hypothesis is true.
C. the data must have been accumulated incorrectly.
D. the sample size has been too small.
Answer: B
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Commissions and salaries expenses are paid 50% in the month to which they are incurred and the balance in the next month. Rent and miscellaneous expenses are paid as and when they occur. Insurance is prepaid at the beginning of the quarter. Calculate cash payments for the selling and administrative expenses for the first quarter of the next year.
The following details have been extracted from the budget of a merchandising company.
A) $21,100
B) $49,200
C) $70,300
D) $26,200
Issuing bonds between interest payment dates will have the effect of decreasing a bond issuance discount or increasing a bond issuance premium
Indicate whether the statement is true or false
Because of the lack of research studies associated with situational leadership, there are questions concerning its theoretical basis. Which of the following is not one of these questions?
A. Is it certain that this approach does indeed improve performance? B. Can we be sure it is a valid approach? C. Why are there limited doctoral dissertations done on the situational approach? D. Why has there been a lack of published research findings?
According to the concept of expense recognition under accrual-basis accounting, if costs associated with producing revenue in the current year are not paid in cash until the following year, the costs should be expensed in the current year.
Answer the following statement true (T) or false (F)